Clearway Energy Inc Class A (CWENA) - Net Assets
Based on the latest financial reports, Clearway Energy Inc Class A (CWENA) has net assets worth $1.80 Billion USD as of March 2021. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($11.85 Billion) and total liabilities ($10.05 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.80 Billion |
| % of Total Assets | 15.16% |
| Annual Growth Rate | -6.32% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 9.4 |
Clearway Energy Inc Class A - Net Assets Trend (2016–2020)
This chart illustrates how Clearway Energy Inc Class A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Clearway Energy Inc Class A (2016–2020)
The table below shows the annual net assets of Clearway Energy Inc Class A from 2016 to 2020.
| Year | Net Assets | Change |
|---|---|---|
| 2020-12-31 | $1.82 Billion | -19.35% |
| 2019-12-31 | $2.26 Billion | +1.75% |
| 2018-12-31 | $2.22 Billion | +4.02% |
| 2017-12-31 | $2.14 Billion | -9.79% |
| 2016-12-31 | $2.37 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Clearway Energy Inc Class A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 8200000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2020)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00 Million | 0.05% |
| Other Components | $1.91 Billion | 104.55% |
| Total Equity | $1.82 Billion | 100.00% |
Clearway Energy Inc Class A Competitors by Market Cap
The table below lists competitors of Clearway Energy Inc Class A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henan Zhongfu Industrial Co Ltd
SHG:600595
|
$4.75 Billion |
|
Showa Denko K.K
PINK:SHWDF
|
$4.76 Billion |
|
SFS Group AG
SW:SFSN
|
$4.76 Billion |
|
PennyMac Finl Svcs Inc
NYSE:PFSI
|
$4.76 Billion |
|
Jiangsu Yangnong Chemical Co Ltd
SHG:600486
|
$4.75 Billion |
|
Infore Environment Technology Group Co Ltd
SHE:000967
|
$4.75 Billion |
|
Nanjing Securities Co Ltd
SHG:601990
|
$4.74 Billion |
|
La Française des Jeux Société anonyme
VI:FDJ
|
$4.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Clearway Energy Inc Class A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2019 to 2020, total equity changed from 2,263,000,000 to 1,825,000,000, a change of -438,000,000 (-19.4%).
- Net income of 25,000,000 contributed positively to equity growth.
- Dividend payments of 211,000,000 reduced retained earnings.
- Share repurchases of 62,000,000 reduced equity.
- Other comprehensive income increased equity by 15,000,000.
- Other factors decreased equity by 205,000,000.
Equity Change Factors (2019 to 2020)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $25.00 Million | +1.37% |
| Dividends Paid | $211.00 Million | -11.56% |
| Share Repurchases | $62.00 Million | -3.4% |
| Other Comprehensive Income | $15.00 Million | +0.82% |
| Other Changes | $-205.00 Million | -11.23% |
| Total Change | $- | -19.35% |
Book Value vs Market Value Analysis
This analysis compares Clearway Energy Inc Class A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | $67.71 | $40.95 | x |
| 2017-12-31 | $61.09 | $40.95 | x |
| 2018-12-31 | $63.54 | $40.95 | x |
| 2019-12-31 | $64.66 | $40.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Clearway Energy Inc Class A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.09%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 5.80x
- Recent ROE (1.37%) is above the historical average (0.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.41% | 5.58% | 0.12x | 3.54x | $-180.00 Million |
| 2017 | -0.75% | -1.59% | 0.12x | 3.87x | $-229.80 Million |
| 2018 | 2.16% | 4.56% | 0.12x | 3.82x | $-174.40 Million |
| 2019 | -0.49% | -1.07% | 0.11x | 4.29x | $-237.30 Million |
| 2020 | 1.37% | 2.09% | 0.11x | 5.80x | $-157.50 Million |
Industry Comparison
This section compares Clearway Energy Inc Class A's net assets metrics with peer companies in the Independent Power and Renewable Electricity Producers industry.
No peer company data available for comparison.
About Clearway Energy Inc Class A
Clearway Energy Inc Class A operates in Renewable Electricity.